The aim of this course is to provide the knowledge and skills to learners about public project appraisal. Appraisal is an important step in the process of project formation and implementation because when resources are limited, the selection of projects capable of promoting good efficiency, preventing projects with many potential risks of financial, economic, social and environmental are a necessary task before making investment decisions, especially for large-scale public investment projects with wide influence in the society. The content of the course is divided into 5 chapters including appraisal knowledge about finance, economics, risk, funding and the impact of the project on stakeholders.
First, in the overview of public project appraisal, learners will be equipped with knowledge about the project, about the process of developing a project in general, with emphasis on the position and role of the project appraisal task. Next, when evaluating a project, the issue of financial appraisal is considered an important part for stakeholders, especially investors, so learners will be equipped with some knowledge and skills to calculate and analyze financial indicators that affect project performance, learn how to construct and read results from cash flows. In addition, each project affects and is influenced by many different fields, so to control and evaluate the level of influence, learners will be equipped with knowledge related to economic analysis, analysis benefits and costs in many different markets such as market without distortion, market distortion due to tax policies, subsidies, monopolies, etc. One of the important tasks of project appraisal is to control and detect risks, so the course content will also provide knowledge, skills and some approaches to risk analysis such as sensitivity analysis, scenario analysis, simulation analysis, etc. At the end of this course, learners will learn about the project's impact on stakeholders such as poverty alleviation, distribution, and the impact of the project on different markets.
Beside the knowledge, learners are also equipped with practical skills on computers, organizational skills, group discussions, decision-making skills to solve problems related to the development of an investment project impact on the environment, on society, on politics, on national security, on gender equality and social inclusion.